Here's another question about Mylot earnings...
By AnjaP
@Rollo1 (16679)
Boston, Massachusetts
August 30, 2007 10:58am CST
This may be a stupid question bur for those of you have been on Mylot long enough to collect your earnings:
When you reach $10, do they pay out just $10? That is, if your earnings were say, $12.63 on the last of the month, would you get $12.63 on the 15th of the following month or would they issue you $10 and keep the $2.63 in your account until you had another $10?
I think I saw people saying they made a lot more than $10 a month here so I think they must pay out whatever you have earning over $10 but I read through the Mylot FAQs etc and couldn't find an exact statement on that subject.
3 people like this
11 responses
@suspenseful (40193)
• Canada
30 Aug 07
They just pay you the $10 and the remainder carries on over to the next month. I know it is rather confusing, and it would make us feel better if they did pay the full amounts, but they do not have that option. You can hold your earnings until you get $25, $50, or $100. The former would be good because if you are only on myLot and no where else, it would be a shame to get the $10 and wait for a month or two before you can download the amount into your bank account.
1 person likes this
@Rollo1 (16679)
• Boston, Massachusetts
31 Aug 07
So, you have to think about how much you may make and change your amount held to match or you will wait for the remainder. The help topic on this was very unclear, so I wasn't sure. Thanks for your reply, I am thinking about what is best to do in that case. Although, I suppose I don't really have to worry at this point, since I am not even up to the $10.
@deebomb (15304)
• United States
31 Aug 07
suspenseful I have been here for over 10 months and I always have gotten every thing over the $10 that I had setting in my account on the last day of the month. On the following month that I have reached pay out I start out at zero. This new balance shows up as soon as you are paid in the middle of the month. Say you has made $12.78 by the last of the month. Now as you continue to earn it is still added to last moth earning until that is paid out in the middle of the month. I hope this helps and does not confuse you more.
1 person likes this
@chenmingsheng (32)
•
31 Aug 07
I want to know it too it is a very good question .my lot earnings only $0.03 how long could i get $10.
@Rollo1 (16679)
• Boston, Massachusetts
31 Aug 07
I started around the first week of August and I am at $6.31 and I don't spend hours here every day because I work and have 5-6 blogs to write per day. So, if you keep plugging when you can and post a little a day with good responses, you can actually get there. I guess I won't make it to $10 until next month, but that's okay. I will like the money when it comes.
@vashstampede992000 (2560)
• Philippines
31 Aug 07
Nope, If you earned here like $12.63 then they will transfer your whole payment $12.63.
There's no deduction here buddy!
But you'll have a deduction whenever you have your payment in your paypal or moneybookers account and you want to transfer your funds into your bank account, then that's the time that you'll have a deduction for transfering your funds for wire transfer process.
Have a nice day ahead from Kiko.
1 person likes this
@vashstampede992000 (2560)
• Philippines
31 Aug 07
Oh sorry for having my response here been doubled.
I was having a trouble with my Browser that's why.
I didn't mean to post these response twice.
sorry
@vashstampede992000 (2560)
• Philippines
31 Aug 07
Nope, If you earned here like $12.63 then they will transfer your whole payment $12.63.
There's no deduction here buddy!
But you'll have a deduction whenever you have your payment in your paypal or moneybookers account and you want to transfer your funds into your bank account, then that's the time that you'll have a deduction for transfering your funds for wire transfer process.
Have a nice day ahead from Kiko.
1 person likes this
@vicki2876 (5636)
• Canada
31 Aug 07
This is a really good question Rollo1. I am at $10.02 today and was wondering what would happen. I guess I will find out. You seem to be getting different answers to the question. Hmmm??? It would be nice to get the whole thing at once for me because when I finally got to the $10 mark I kinda slowed down here. It was like a goal I finally reached HEHE.
1 person likes this
@beyonce03 (2331)
• Canada
30 Aug 07
If you have 12,63$ that's the amount that they will pay you. You have to make minimum 10$ by the end of the month to get paid. If you made 15$ it will be 15 :)
It,s that simple :P
1 person likes this
@jayalaksmi (1039)
• India
31 Aug 07
I had not reached the payout limit so i am in doubt about it. But i think the whole amount is paid and nothing is left behind after the payout is being made. As i have not yet reached the payout limit, i am in doubt about it but you will get help from the one who has already got paid.
1 person likes this
@sweeetkisses2 (269)
• United States
31 Aug 07
if you made 12.63 thats what they will pay you just when you reach 10 dollars you just know that you will be getting a check. but they will pay you for what you made.
@meetajay_kenny (48)
• India
31 Aug 07
Let me tell you onething Rollo, Even i am new to this and i too dont know about this...So just wait and clarify :D sorry to interrupt see you
